Single-Family Home Prices Increases in Blackburn Hamlet

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Real Estate Agent with EXIT Realty Matrix LTD., Ottawa, ON

Those who own single family homes in Blackburn Hamlet saw their property values increase significantly in 2018. There was a total of 39 single family homes that have sold in 2018 in the neighbourhood of Blackburn Hamlet this is down 1 from the 40 sales of Single family homes in Blackburn Hamlet in 2016-2017. 

The average price of a single-family homes in Blackburn Hamlet was $486,936 for the period ending December 16th 2018. Home owners were able to sell their properties for 98.6% of their asking price in an average of 28 days.

This year has been a great year for Ottawa real estate owners. Home prices have increased significantly in most neighbourhoods of our City. Ottawa home price increases have been largely attributed to a shortage of inventory making Ottawa's real estate market competitive amongst home buyers.

The neighbourhood of Blackburn Hamlet which has many single family homes for sale is located just East of Ottawa's downtown core and is surrounded by the Ottawa Greenbelt.

The average days on market for single family homes in Blackburn Hamlet has gone done from 55 days on market to 28 days on market which is a 50.9% decrease over the same period last year.

Prices of single family homes for sale in Blackburn Hamlet in Ottawa's East End has gone up 12.4% year over year.

If you are looking to make Blackburn Hamlet your home call 613-889-7732 to discuss your real estate needs with Roch St-Georges, Ottawa real estate agent with EXIT Realty Matrix.

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Rainmaker
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Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, ABR, CNE, CRS, ePro, PSA, SRS

Always good to get insight from a local specialist. Thank you for sharing!

Jan 09, 2019 10:37 AM #1
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Rainer
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Roch St-Georges

Real Estate Agent | Agent Immobilier
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